Income StatementBalance SheetCash FlowSegments
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Lowe's Companies Business Segments

Business, geographic, and product segment breakdowns

Lowe's Companies generates $88.4B in annual revenue across 4 key segments: Appliances ($12.9B), Building Materials ($5.5B), Building Products ($26.5B), and Decor ($3.7B). The company-wide operating margin is 11.55%. Based on the Q2 2026 filing.

Appliances (TTM)$12.9BBuilding Materials (TTM)$5.5BBuilding Products (TTM)$26.5BDecor (TTM)$3.7BElectrical (TTM)$4.3BFlooring (TTM)$4.0BHardlines (TTM)$24.2BHardware (TTM)$6.0B
Latest FilingQ2 2026
Report Date2026-05-20
Market Cap$120.63B
P/E Ratio18.16
ROE-58.97%

Products & Services

Net Sales

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Home Decor$7.6B$7.9B$7.6B$8.4B$7.8B$7.8B
Building Products$6.7B$5.9B$6.6B$7.1B$6.9B$6.0B
Hardlines$5.3B$4.7B$6.4B$7.8B$5.1B$4.9B
Appliances$3.1B$3.1B$3.2B$3.2B$3.2B$3.2B
Seasonal And Outdoor Living$1.8B$1.8B$1.8B$1.8B$1.8B$1.8B
Lumber$1.7B$1.7B$1.7B$1.7B$1.7B$1.7B
Lawn And Garden$1.6B$1.6B$1.6B$1.6B$1.6B$1.6B
Hardware$1.5B$1.5B$1.5B$1.5B$1.5B$1.5B
Kitchens & Bath$1.5B$1.5B$1.5B$1.5B$1.5B$1.5B
Building Materials$1.4B$1.4B$1.4B$1.4B$1.4B$1.4B
Rough Plumbing$1.2B$1.2B$1.3B$1.3B$1.3B$1.3B
Paint Sales$1.2B$1.2B$1.3B$1.3B$1.3B$1.3B
Millwork$1.2B$1.2B$1.2B$1.2B$1.2B$1.2B
Tools Sales$1.1B$1.1B$1.1B$1.1B$1.1B$1.1B
Electrical$1.1B$1.1B$1.1B$1.1B$1.1B$1.1B
Flooring$1.0B$1.0B$1.0B$1.0B$1.0B$1.0B
Decor$964.3M$964.3M$931.5M$931.5M$931.5M$931.5M
Other Sales$573.0M$92.0M$424.0M$699.0M$1.0B—

Percentage of total sales

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Appliances3.8%3.8%3.7%3.7%3.7%3.7%
Seasonal And Outdoor Living2.1%2.1%2.1%2.1%2.1%2.1%
Lumber2.0%2.0%1.9%1.9%1.9%1.9%
Lawn And Garden1.9%1.9%1.9%1.9%1.9%1.9%
Hardware1.8%1.8%1.8%1.8%1.8%1.8%
Kitchens & Bath1.8%1.8%1.7%1.7%1.7%1.7%
Building Materials1.6%1.6%1.6%1.6%1.6%1.6%
Rough Plumbing1.5%1.5%1.5%1.5%1.5%1.5%
Paint Sales1.5%1.5%1.5%1.5%1.5%1.5%
Millwork1.5%1.5%1.4%1.4%1.4%1.4%
Tools Sales1.4%1.4%1.3%1.3%1.3%1.3%
Electrical1.3%1.3%1.3%1.3%1.3%1.3%
Flooring1.2%1.2%1.2%1.2%1.2%1.2%
Decor1.1%1.1%1.1%1.1%1.1%1.1%
Other Sales0.5%0.5%0.5%0.5%0.5%0.5%

Net sales (in percent)

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Building Products33.3%—31.3%29.6%33.0%—
Hardlines26.3%—30.6%32.6%24.6%—
Other Sales2.9%—2.0%2.9%4.9%—

Geographic

Net Sales

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
United States$20.9B$20.9B$21.6B$21.6B$21.6B$21.6B
Canada$0.0$0.0$15.3M$15.3M$15.3M$15.3M

Business Segments

Acquisitions

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Other segment net sales$0.0$0.0$908.5M$908.5M$908.5M$908.5M
Retail Home Improvement$0.0$0.0$0.0$0.0$0.0$0.0

Advertising

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Reportable Segment1.1%0.1%0.9%1.0%1.1%0.1%

Cost of Sales

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Reportable Segment66.3%0.1%66.6%66.2%65.8%—

D&A

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Reportable Segment2.1%0.1%2.1%1.9%2.3%0.0%

Employee compensation and benefits

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Reportable Segment13.1%0.3%13.4%11.8%13.5%0.4%

Income tax provision

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Reportable Segment2.6%—2.5%3.2%2.5%—

Interest Income (Expense), Nonoperating

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Reportable Segment-$317.0M—-$337.0M-$313.0M-$352.0M—

Interest – net

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Reportable Segment1.6%—1.6%1.3%1.7%—

Net earnings

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Reportable Segment8.4%—7.8%10.0%7.8%—

Net Sales

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Reportable Segment$20.2B$18.6B$20.9B$24.0B$20.8B$18.4B

Net sales (in percent)

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Reportable Segment100.0%—100.0%100.0%100.0%—

Occupancy and facility costs

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Reportable Segment2.4%0.1%2.2%2.0%2.3%0.1%

Operating Income

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Reportable Segment3.1%3.1%3.0%3.0%3.0%3.0%

Other segment items

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Reportable Segment$494.0M$439.0M$566.0M$619.0M$635.0M$561.0M

Other SG&A items

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Reportable Segment2.4%—2.7%2.6%3.1%0.0%

Selling, General and Administrative Expense

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Reportable Segment$3.9B$3.9B$4.1B$4.1B$4.1B$4.1B

Selling General And Administrative Expense Percent

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Reportable Segment4.7%4.7%4.9%4.9%4.9%4.9%